Let your property work for you; let it support to upgrade your life, business or investments for your future. Seylan Loan Against Property (LAP) is a tailor made loan available for salaried employees against the mortgage over his/her residential property and repayment backed the salary assignment.
- Loan for any need.
- Loan from a minimum of LKR 3 million up to a maximum LKR 100 million or 75% of the Forced Sale value.
- Advisory Service.
Repayment
- Repayment period up to 25 Years, subject to full settlement prior to reaching 60 years of age or Retirement age whichever is earlier.
Eligibility
- Sri Lankan citizens Employed in Sri Lanka aged 18 years and above
- Net Income over LKR 200,000/-
- Permanent employee who have completed a minimum period of 12 months.
- CRIB clear
- Total financial commitments including LAP to be within 60% of net fixed income.
